Oil prices have dipped to just above $100 per barrel as traders react to reports of a potential high-stakes meeting between a former U.S. president and the Iranian leader, raising hopes for a diplomatic thaw. The speculation has triggered a surge in demand for European government bonds, particularly those of France and Italy, as investors anticipate broader geopolitical shifts. Markets appear divided between cautious optimism over potential easing of sanctions and lingering concerns about supply stability in the region. Analysts warn that any concrete developments could have far-reaching implications for global energy markets and financial stability.
Brent crude falls to just above $100 amid speculation that Donald Trump could meet Iranian president this week, lifting French and Italian debt